Aave community initiates on-chain voting for proposal to disable stable lending rate to deal with potential risks
On November 6th, according to governance page information, the Aave community is voting on a proposal to disable stable borrowing rates for all assets in all pools on the network. The vote will end on November 8th. Additionally, the proposal unfreezes assets previously frozen by the administrator. Yesterday, Jinse Finance reported that Aave has received reports of issues with a certain feature of the Aave protocol and has taken temporary precautions to ensure all funds are safe. A governance proposal to restore normal protocol operation will be submitted soon and a detailed post-analysis will be released after the issue is fully resolved.
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